The government of Montenegro has committed itself to supporting sustainable development at the Velika Plaza waterfront community project, Colliers International Southeast Europe said on Friday. The property consultancy noted that Velika Plaza project, which encompasses the longest beach in Montenegro, is currently being tendered by the government.
The government of Montenegro has committed itself to supporting sustainable development at the Velika Plaza waterfront community project, Colliers International Southeast Europe said on Friday. The property consultancy noted that Velika Plaza project, which encompasses the longest beach in Montenegro, is currently being tendered by the government.
'A leading edge environmental, economic and socio/cultural sustainability ethos will permeate all aspects of the development, from master-planning through to operation and long term management,' the country's ministry for economic development said in its description of the project. The development is set to provide a wide range of uses and community facilities, including workforce housing.
Montenegro's government has launched an international competition to design a master plan for the project. Pre-qualification submissions must be submitted by 20 June while a shortlist of ten will be selected by 30 June. The winner of the competition will be announced at end-September, shortly after a 12 September deadline for the presentation of final projects.
Colliers is the only leading international property consultant to have an office in Montenegro.
